In Five Months, Customs Generate N573bn     The Senate on Thursday asked the Nigerian Customs Service to exceed its N957bn revenue target contained in the revised 2020 budget by blocking all revenue leakages. The marching order from the red chamber came following the disclosure by the NCS...

Senate To Intervene In FIRS, NIPOST Stamp Duty Dispute     The Senate says it will soon schedule a meeting with all relevant stakeholders to resolve the ongoing stamp duty controversy between the Nigerian Postal Service and the Federal Inland Revenue Service. The Chairman Senate Committee on Finance,...

Senate Queries Aviation Ministry Over N174m Payment To Contractor   The Senate Committee on Public Accounts on Thursday queried the Federal Ministry of Aviation over payment of N174m to a contractor for direct procurement of navigational aids and maintenance without budgetary allocation in 2015. Chairman of the...

In One Year, Senate Approved $28bn Foreign Loans – Lawan     The President of the Senate, Ahmad Lawan, has listed the approval of a total sum of $28bn foreign loans for the regime of the President Muhammadu Buhari, in the last one year, as part of...

Senate Panel Fails To Lay Revised 2020 Budget Report   The consideration of the revised 2020 Appropriation Bill of N10.51 trillion suffered setback in the Senate on Tuesday. The Chairman, Senate Committee on Appropriations, Senator Barau Jibrin, said the panel was not ready to lay the report...

Gencos Oppose Reversing Privatisation, Allege N1trn Debt     Electricity generation companies on Sunday kicked against calls by the Senate for a reversal of the privatisation of the power sector. The Gencos also announced that the indebtedness of the power sector to electricity producers had risen to about...